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News Archive


8/9/2021
Dingwall & Highland Marts Ltd - Sale at Portree - Lambs and Sheep - 6 September 2021
PORTREE, Dingwall & Highland Marts Ltd., (September, 6th) sold 3,066 store lambs & feeding sheep.   Lambs (2,722) averaged £56.01 (+£12.39 on the year) and sold to £101.50 gross for a pair of Texel crosses from 44 Borneskitaig, Kilmuir.  
8/9/2021
Why Do Wealthy Parents Have Wealthy Children?Thumbnail for article : Why Do Wealthy Parents Have Wealthy Children?
The Institute for Fiscal Studies article looks at the reasons why the children of wealthy parents get richer than children from poorer families.   --------------------- Why do the children of wealthy parents accumulate more wealth than children from poorer backgrounds? Does parental wealth have a role in determining young people's earnings, saving choices, returns to wealth and access to homeownership? How much wealth do parents give directly to their children? What other channels are involved in the persistence of wealth from one generation to the next?.  
8/9/2021
Coronavirus (COVID-19): daily data for Scotland - 8 September 2021
5,810 new cases of COVID-19 reported.   57,128 new tests for COVID-19 that reported results 10.8% of these were positive.  
8/9/2021
HMRC Warns Students Of Scams - Bogus Tax Rebates and moreThumbnail for article : HMRC Warns Students Of Scams - Bogus Tax Rebates and more
University students taking part-time jobs are at increased risk of falling victim to scams, HM Revenue and Customs (HMRC) is warning.   Higher numbers of students going to university this year means more young people may choose to take on part-time work.  
8/9/2021
Supporting New Ideas In Rural Communities - £1.5 million for rural community groups
Not-for-profit community groups in rural areas will soon be able to apply for funding of up to £50,000 to trial new and innovative ways to address local challenges and benefit from local opportunities.   The Rural Communities "Ideas into Action" Fund is supported by £1.5 million of Scottish Government funding and will be delivered in partnership with Inspiring Scotland.  
8/9/2021
An ever-growing NHS budget could swallow up all of this week's tax rise, leaving little for social careThumbnail for article : An ever-growing NHS budget could swallow up all of this week's tax rise, leaving little for social care
An article from the Institute for Fiscal Studies casts doubts if the money raised by increased NIC contributions will actually ever reach social care as history shows the heath service never has enough and needs budgets topped up almost every year.   ---------------- This week saw major announcements on health and social care funding.  
8/9/2021
Social Care Reform: Why Boris Johnson's Plan Won't Fix The Crisis - Expert View
Boris Johnson has unveiled plans for a £12 billion-a-year tax rise from April 2022, to fund social care reform in England and to tackle the NHS's COVID-induced backlog of cases.   Demand for care - from short-term needs to long-term support - is rising and levels of unmet need are soaring.  
8/9/2021
Keeping Families Together - Reducing The Number Of Children In Care
Fewer children and young people should end up in care, thanks to a £500 million fund to help support families to stay together.   Announced as part of the latest Programme for Government, the Whole Family Wellbeing Fund will help families to overcome challenges before they reach crisis point.  
8/9/2021
Scottish Land Court And Lands Tribunal For Scotland To Be Unified
Two important judicial bodies are to be brought together to provide a better service for land-related issues within the justice system.   Following a public consultation conducted last year, Scottish Ministers concluded that the Scottish Land Court and the Lands Tribunal for Scotland should be unified to form an expanded Land Court, which would offer substantial benefits to court users.  
7/9/2021
Dingwall & Highland Marts Ltd - Sale 7 September 2021
DINGWALL, Dingwall & Highland Marts Ltd., (September, 7th) sold 21 prime cattle.   Prime bullocks (8) averaged 230.6p (-6.9p) and sold to 247.0p per kg and £1,628.40 gross.  
7/9/2021
National Insurance Increase from 2022 - Then as Levy 1.25 percent from 2023Thumbnail for article : National Insurance Increase from 2022 -  Then as Levy 1.25 percent from 2023
The 1.25 percentage point increase means somebody on £20,000 a year would pay an extra £130, while someone on £50,000 would pay £505 more - as the chart below shows.   The same increase will still apply after the National Insurance rise is replaced by the Health and Social Care Levy in 2023.  
7/9/2021
Coronavirus (COVID-19): daily data for Scotland - 7 September 2021
5,692 new cases of COVID-19 reported.   46,146 new tests for COVID-19 that reported results 13.2% of these were positive.  
7/9/2021
A Fairer, Greener Scotland: Programme for Government 2021-22Thumbnail for article : A Fairer, Greener Scotland: Programme for Government 2021-22
Over the last 18 months, the world, and our own individual places within it, have changed immeasurably.  While the pandemic may have defined our lives for those dark and difficult months, the Scottish Government is determined that it does not define our future.  
7/9/2021
Thousands Of Teenagers Missing Out On Child Trust Fund CashThumbnail for article : Thousands Of Teenagers Missing Out On Child Trust Fund Cash
HM Revenue and Customs (HMRC) is today urging young people to check if they have a hidden pot of gold - in the shape of a Child Trust Fund (CTF).   It is now one year since the first account holders started turning 18 and around 55,000 CTFs mature every month.  
7/9/2021
PM Statement To The House Of Commons On Health And Social Care: 7 September 2021 - Increased National Insurance Contributions
Mr Speaker, with permission, I will make a statement on the government's plans for health and social care.   Our National Health Service is the pride of our whole United Kingdom and all the more so, after it has been there for us during the worst pandemic in a century, treating almost half a million patients, administering more than 88 million vaccines and saving countless lives.  
7/9/2021
Programme For Scottish Government 2021-22 - Executive Summary
While leading Scotland out of the pandemic remains our foremost priority - continuing our mass vaccination programme and preparing for a booster campaign in the autumn – this sits alongside rebuilding a stronger, more resilient health and care system centred on people; renewing our drive to eradicate child poverty and improve living standards; ending Scotland's contribution to climate change; and building a wellbeing economy which secures sustainable, inclusive growth for everyone, in all parts of Scotland.   The pandemic has strengthened our determination to ensure we do not just return to the status quo, but use this opportunity to secure a greener, fairer and more prosperous recovery, recognising that we cannot do it alone.  
7/9/2021
Annual Review Of State Pension And Industrial Death Benefit Rates
The Secretary of State for Work and Pensions explains uprating for State Pension and Industrial Death Benefit in relation to the general level of earnings for 2022 to 2023.   With permission, Madam Deputy Speaker, I will make a statement on the annual up-rating of State Pensions and survivors' benefits in Industrial Death Benefit.  
7/9/2021
Record £36 Billion Investment To Reform Nhs And Social Care
Prime Minister pledges to tackle NHS Covid backlogs and cut waiting times with new £36 billion investment for health and social care.   Responsible, fair, and necessary action taken to provide biggest catch-up programme in the history of the NHS and reform the adult social care system.  
7/9/2021
Triple Lock on Pensions Suspended
The government has confirmed a one-year suspension of the "triple lock" formula for annual state pension increases.   The move follows government concern that a big post-pandemic rise in average earnings would have meant pensions increasing by 8%.  
7/9/2021
Office of Budget Responsibility - An Initial Response To The Prime Minister's Announcement On Health, Social Care And National InsuranceThumbnail for article : Office of Budget Responsibility - An Initial Response To The Prime Minister's Announcement On Health, Social Care And National Insurance
Paul Johnson, IFS director, said in response to today's announcements: "Today's announcements constituted a Budget in all but name.  £14 billion of tax raised through a supposedly new tax, equivalent increases in spending on health and social care, and an announcement of spending totals for the next three years certainly constitute a major fiscal event.